Midday Forex price action Analysis – 2017-02-14 (Setups on EURCAD and EURUSD)

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There is a long reversal setup forming on EURCAD – the setup is not great, but it is worth keeping an eye on. EURUSD is sitting on top of a strong support area, but we have yet to see indecision form after the latest drop down. I suspect we will see it soon, so watch the 1.0570 closely for a bullish reversal.

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